ZTO Express (Cayman) Inc., a prominent express delivery company in China, has announced a repurchase right notification for its 1.50% Convertible Senior Notes due in 2027. Holders of these notes have the option to require the company to repurchase all or part of their notes for cash on September 2, 2025. The period for exercising this repurchase right begins on July 30, 2025, and ends on August 28, 2025. ZTO Express has clarified that it is not making any recommendations to holders regarding whether to exercise this option.
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